DIRS.INFO The most relevant business & tech news

☆ S&P 500 futures are little changed as investors await key earnings reports: Live updates
▼ + stars: | 2024-07-22 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

S&P 500 futures are near flat Monday night, with traders readying for earnings reports from major companies after the benchmark posted its best day in more than a month. Futures tied to the broad index sat near their flatline, as did Nasdaq 100 futures . The S&P 500 rose more than 1% for its best session since early June, while the Dow ticked higher by 0.3%. The S&P 500 was led higher by the information technology and communication services sectors, which gained roughly 2% and 1.2%, respectively. "If we get that bullish inflation report, I think you could see another leg higher in small caps and the banks."

Persons: Russell, Larry Tentarelli, Tentarelli, Mattel Organizations: New York Stock Exchange, Dow Jones Industrial, Dow, Nasdaq, Big Tech, Federal Reserve, Blue, Motors, Comcast, UPS, Technology, CNBC

☆ Alphabet earnings and 3 more things we're watching in the stock market next week
▼ + stars: | 2024-07-20 | by ( Zev Fima | ) www.cnbc.com time to read: +12 min

But in general, this is the kind of development we've hoped to see ever since Starbucks' massive earnings miss April 30. We'll take the nearly 7% pop in shares Friday and hope it's only the beginning of recovery for the beaten-up stock. Fed's fave inflation measure : The personal spending and income report will be the most closely watched economic report next week. Earnings : As the second-quarter earnings season picks up pace, we'll hear from five Club holdings next week including Google parent Alphabet . Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Russell, Donald Trump, — Trump, Jim Cramer, Trump, Donald Trump's, Taiwan's TSMC, Joe Biden's, Biden, Biden's, he's, Elliott, we've, We'll, it's, we'll, Sartorius, Ford, Jim Farley, We're, Honeywell management's, —, Zions, BOK, Brown, BRO, Lockheed Martin, Philip Morris, Clark, Lamb, Edwards Lifesciences, DOV, Dr Pepper, CARR, Baker Hughes, Booz Allen Hamilton, Jim Cramer's, Jim Organizations: Federal Reserve, Nasdaq, Dow, Republican National Convention, GOP, Bloomberg Businessweek, Trump, Elliott Management, Starbucks, Street Journal, Technology, General Motors, Honeywell, Dover, Products Company, Verizon, Truist, SAP, Semiconductors, Crown Holdings, Cadence Design Systems, Medpace Holdings, AGNC Investment, Logitech International S.A, KKR Real Estate Finance Trust, Berkley Corp, Spotify Technology S.A, United Parcel Service, GE Aerospace, GE, Cola Company, Lockheed, Comcast, Polaris Industries, Philip Morris International, Company, HCA Healthcare, Moody's Corporation, Enphase Energy, Texas Instruments Incorporated, Chubb Corporation, Seagate Technology plc, Maine, Packaging Corporation of America, Weatherford International plc, Canadian National Railway Company, FTAI Aviation Ltd, Mattel, Vertiv Holdings Co, Lamb Weston Holdings, NextEra Energy, Tenet Healthcare, Fisher, GE Vernova, Boston Scientific Corporation, General Dynamics, Lennox International, Software Technologies, CME Group, Fortive Corporation, Co, Roper Technologies, Teck Resources Limited, Blackstone Mortgage Trust, Economico Mexicano S.A, Dominion Freight, Otis Worldwide Corporation, OTIS, Ford Motor Company, Grill, Business Machines, IBM, Viking Therapeutics, Las Vegas Sands Corp, Newmont, Whirlpool, Globe, WM, O'Reilly Automotive, Annaly Capital Management, Honeywell International, American Airlines Group, Hasbro, Southwest Airlines Co, New York Community Bancorp, RTX Corporation, AstraZeneca, Carrier Global Corporation, Integer Holdings Corporation, Valero Energy, Texas, Juniper Networks, Boston Beer Company, Physicians Realty Trust, Allison Transmission Holdings, Corp, Columbia Banking, Digital Realty Trust, Edison International, Myers Squibb, Charter Communications, 3M Company, Booz, Centene Corporation, AON, Barnes, Colgate, Palmolive, Jim Cramer's Charitable, CNBC, U.S Locations: U.S, Taiwan, FactSet, China, Dover, Cleveland, Alexandria, ZION, W.R, Freeport, Kimberly, Cal, Teck, Las, ORLY, New, Banc, Bristol, Milwaukee , Wisconsin

☆ ‘Twisters’ chose not to mention climate change. Here’s why
▼ + stars: | 2024-07-16 | by ( Thomas Page | ) edition.cnn.com time to read: +18 min

CNN —Like its titular tornados, “Twisters” blasts through a lot in its 122-minute runtime. Generally, scientists are the least certain about the connection between tornadoes and climate change as it’s unclear how warming temperatures are changing storms themselves or the outbreaks. Cathy, a local farmer, gripes that storms and floods are becoming more frequent, and the price of wheat more expensive, while stopping short of citing climate change. However, for a film populated by scientists and clued-in citizens to not mention climate change is a little like the twisters themselves: there’s a hole at the center. !”“Making a ‘Twisters’ movie in Tornado Alley during storm season, tornado season, it’s kind of perfect.

Persons: Glen Powell’s brawn, –, “, Lee Isaac Chung, “ We’ve, ”, Javi, Anthony Ramos, Kate, Daisy Edgar, Jones, ” Lee, Maura Tierney’s, Cathy, that’s, Lee, Glen Powell, Mark L, Smith, Joseph Kosinski, it’s, we’re, Kevin Costner, Yorgos, Matt Smith, Fabien Frankel, Anya Taylor, Joy, Max, George Miller, Chris Hemsworth, Samsik, Kang, ’, Nicola Coughlan, Luke Newton, Guy, Ryan Gosling, Emily Blunt, David Leitch, stuntmen, Jane Schoenbrun, Justice Smith, Brigette Lundy, Paine, Josh O'Connor, Idris Elba, Adam Pally, Hao Xuande, Sandra Oh, Chan, Henry Cavill, Alex Pettyfer, Guy Ritchie's, Guy Ritchie, Jerry Bruckheimer, Isabella Rossellini, Kristen Stewart, she's, Denis Villeneuve, Frank Herbert's, Jessica Chastain, Austin Butler, Ambika Mod, Leo Woodall, Molly Manning Walker, Bryan Cranston, Matthew Vaughn, Ava DuVernay, Aunjanue Ellis, Taylor, Paul Mescal, Andrew Scott, George Clooney, Pedro Alonso, Penelope Cruz, Laura Garello Ferrari, Adam Driver, Michael Mann, Emma Stone, Bella Baxter, Willem Dafoe, Mark Ruffalo, Ramy Youssef, Imelda Staunton, Dominic West, Ncuti Gatwa, Paul King, Hugh Grant's Oompa, Napoleon, Vanessa Kirby, Ridley Scott, Nicolas Cage, Emerald Fennell, Jacob Elordi, Priscilla, Sofia Coppola, Elvis Presley, Kitty Green, Justine Triet, Sandra Hüller, Palme, Ryu Seungryong, Oppenheimer, Christopher Nolan, Cillian Murphy, Robert Downey Jr, Margot Robbie, Ken, Greta Gerwig, Mattel, Tom Cruise, Christopher McQuarrie, Simon Pegg, Scarlett Johansson, Jason Schwartzman, Adrien Brody, Jeffrey Wright, Wes Anderson, Celine Song, Greta Lee, Halle Bailey, Javier Bardem, Kim Woo, Seung, Cho Ui, seok, Jan de Bont’s, ” Glen Powell, Melinda Sue Gordon, Ramos, Powell, everybody’s weirdly, ” Powell, Tyler Owens, “ I’m, anyone’s Organizations: CNN, ”, Universal Pictures, Warner Bros ., CNN CNN, Ungentlemanly, “ Locations: Midwest, Oklahoma, Arkansas, Korea, Modena, Palme d'Or, “

☆ Mattel's Uno and other popular games will become colorblind accessible
▼ + stars: | 2024-06-25 | by ( Justine Fisher | ) www.cnbc.com time to read: +1 min

Mattel aims to make 80% of its games colorblind accessible by the end of the year, before raising that amount to 90% in 2025, the company announced Tuesday. Mattel said the move is part of an inclusivity effort and will target some of its most popular products, including Uno, Phase 10, Dos, Blokus and Tumblin' Monkeys games, according to a press release. Mobile versions of the card games will be updated with new symbols for colorblind identification, such as squares and triangles, according to the release. The new 'Beyond Colors' mobile decks are being led by Mattel163, Mattel's joint mobile game developer and publisher venture with NetEase . Mattel said it will donate colorblind accessible products to local YMCA summer camps to celebrate this milestone.

Persons: Mattel, Mattel163, Games Ray Adler Organizations: Mattel, NetEase, Cleveland Clinic, Global, Games

☆ ‘Black Barbie: A Documentary’ takes a deeper look at a trailblazing doll
▼ + stars: | 2024-06-20 | by ( Kaila Nichols | ) edition.cnn.com time to read: +6 min

And so she did: “Black Barbie: A Documentary,” her newly-released project, takes a deeper look at the story behind Black Barbie and its impact on representation in the toy business, and culture more broadly. The first Black Barbie (pictured center) wore a bold red dress, gold jewelry and an afro. The actual Black Barbie doll didn’t become a reality until decades later, after the company hired Kitty Black Perkins in 1976 as its first Black designer. “Having Black Barbie (dolls) just reinforces the fact that being Black is fly and amazing — and that Black women are gorgeous. Black Barbie is also validation for us filmmakers, everybody who worked on it, being seen and heard in this industry,” she added.

Persons: Lagueria Davis, Beulah Mitchell, Davis —, —, Barbie, ” Davis, Black Barbie, Black, Shonda Rhimes, Misty Copeland, Ibtihaj Muhammad, Maxine Waters, Copeland, Muhammad, Mitchell, Ruth Handler, Patricia A, Turner, Handler, “, ” Mitchell, “ Christie ”, Julia ”, Christie, Julia, Diahann Carroll, Kitty Black Perkins, Black Barbie’s, Black Perkins, ” Black Perkins, Aaliyah Williams, ”, ’, White, Yolanda Hester, Shani, Stacey McBride, Irby, McBride, Kitty, Stacy, Williams Organizations: CNN, Mattel, SXSW, Black, Netflix, “ Locations: Mitchell’s

☆ I tried on similar tops at Gap, Banana Republic, and Old Navy. I'm done assuming big names with the highest prices have the best products.
▼ + stars: | 2024-06-12 | by ( Chloe Caldwell | ) www.businessinsider.com time to read: +1 min

I tried on similar linen-blend tank tops at Banana Republic, Old Navy, and Gap. Of all the shirts I tried on, the one from Gap was my favorite. However, I thought the top from Old Navy provided the best value. AdvertisementAlthough I now prefer buying clothes from thrift stores and locally owned boutiques, I used to love shopping at mall staples like Banana Republic, Old Navy, and Gap. Most recently, the company welcomed a former Mattel executive as its new CEO and designer Zac Posen as creative director of Gap Inc. and chief creative officer of Old Navy.

Persons: —, Zac Posen Organizations: Banana, Old Navy, Service, Gap Inc, Mattel, Business Locations: Banana Republic, Old, Republic

☆ Craft cocktails, mountain bikes and art: Walmart's hometown is booming, and getting more expensive
▼ + stars: | 2024-06-06 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +13 min

— When Gil Curren's family moved into a run-down farmhouse in Walmart's hometown of Bentonville, Arkansas, in 1971, the now-retail giant wasn't yet a decade old. Craft cocktails, hipster coffee shops and chef-driven restaurants have popped up around the city. Realtor Kristen Boozman, who works for Sotheby's, helps clients search for homes in the Bentonville area, including many buyers who are relocating from another city. Home values have shot up in the Bentonville area. A Walmart spokeswoman said the Walton Family Foundation funds and advocates for affordable housing projects in the Bentonville area.

Persons: Gil Curren's, it's, Sue, Gil Curren, Melissa Repko, Hunt, Tyson, Shawn Baldwin, Sam Walton, Walton, Walton's, Steuart, Tom Walton, Sam Walton's, Alice Walton, Bridges, She's, Crystal Bridges, Kristen Boozman, There's, Donna Morris, Morris, Tracy Robinson, she's, CNBC Tracy Robinson, Robinson, Stanley, Matthew Cooper, Tom, Cooper, he's, district's, It's, Jeff Webster, Bentonville Shawn Baldwin Organizations: Cyclists, Kansas City, CNBC, Walmart, Craft, Fortune, Tyson Foods, PepsiCo, Hershey, Mattel, . Census, Cushman &, Sage Partners, of Commerce, Northwest Arkansas Council, D.C, Ropeswing Hospitality, Bentonville Schools, Excellerate Foundation, Walton Family Foundation, Walton Family, Bentonville Locations: BENTONVILLE, Ark, Walmart's, Bentonville , Arkansas, Bentonville, Kansas, Austin , Texas, New York, U.S, Silicon, It's, Arkansas, Cushman & Wakefield, American, Crystal, Austin, Boise , Idaho, Dallas, Fort Worth, Atlanta, Toronto, New York City, Miami, Washington, New York City , Washington, Bentonville's

☆ Uno, the card game, has been around for 52 years. It may be more popular than ever
▼ + stars: | 2024-06-03 | by ( Saira Mueller | ) edition.cnn.com time to read: +7 min

The family-favorite card game has been around for 52 years — but it may be more popular than ever. The game was recently featured in an episode of the TV series “Hacks,” when lead character Deborah Vance joins some old friends for a card game in Las Vegas, only to learn that instead of poker they’re playing Uno. It’s often there in the background in people’s homes — stacked on a shelf with other board and card games or stored in a drawer, ready for game nights and camping trips. The card game is now for sale in over 80 countries. In the first quarter of 2024, it was the second-most popular game in Circana’s traditional games category, right behind traditional Uno.

Persons: Uno, That’s, Michelle Parnett, Dwyer, ”, Morgan Coder, Kathleen Stoughton, Kim, Alisha Jucevic, Obama, Joe Jonas, Kylie Jenner, John Legend, Chrissy Teigen, Questlove, Taylor Swift, Jason Sudeikis, Deborah Vance, Lil Yachty, Uno Uno, Merle Robbins, Robbins, Parnett, Yu, Daniel Karmann, Ray Adler, Harry Potter, “, Adler, It’s, ” Adler, today’s, “ It’s Organizations: CNN, Mattel, Strong, Museum of, Uno, Washington Post, Walmart, AP, Global, of, NFL, Toy Hall of Fame Locations: Rochester , New York, Portland , Oregon, Las Vegas, Ohio

☆ Jerry Seinfeld is unfazed that 'Unfrosted' got terrible reviews: 'It doesn't matter what you think of me'
▼ + stars: | 2024-05-30 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewJerry Seinfeld doesn't care that "Unfrosted," his directorial debut, got terrible reviews. I think it's funny that you hated it because you wanted to laugh and you didn't laugh." "Unfrosted" follows a handful of successful recent movies about the creation of popular products, including "Steve Jobs," "The Social Network," and "Tetris." Even though it failed to make waves, Netflix didn't lose as much money on "Unfrosted" as it could have.

Persons: —, Jerry Seinfeld, Bob Cabana, Melissa McCarthy, Hugh Grant, James Marsden, Bari Weiss, Seinfeld, he's, Steve Jobs, Mattel, Netflix didn't, would've, Glen Powell, Tom Cruise Organizations: Service, Rotten, Business, Social Network, Netflix Locations: California

☆ These robust companies may be primed to start offering a dividend, Wolfe says
▼ + stars: | 2024-05-28 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +3 min

Shares are up 13% in 2025, and the company has an estimated 2024 free cash flow to firm yield of 3%, according to Wolfe's analysis. Analysts also generally like the stock, with 11 out of the 14 analysts covering the name rating it a buy or strong buy, according to LSEG. Wolfe also called out O'Reilly Automotive as a potential dividend initiator, highlighting the company's estimated free cash flow to firm of 3% in 2024. Shares are up a mere 1.5% in 2024, but the name remains liked by the Street, rated a buy or strong buy by 64% of the analysts covering it, per LSEG. Estimated free cash flow to firm yield comes in at 7% for 2024, per Wolfe's analysis.

Persons: Wolfe, Alphabet's, Charlie Gaffney, Eaton Vance, we're, there's, Chris Senyek, Skechers, O'Reilly, TD Cowen, Max Rakhlenko, Morgan Stanley Organizations: Wolfe Research, Morgan Stanley Investment Management, CNBC, Equity Income Fund, UBS, O'Reilly Automotive, PayPal, Mattel

☆ Mattel CEO: The success of the 'Barbie' movie was a great showcase of the strength of our brand
▼ + stars: | 2024-05-07 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMattel CEO: The success of the 'Barbie' movie was a great showcase of the strength of our brandMattel CEO Ynon Kreiz joins CNBC's 'Money Movers' to discuss the company's next step after the success of 'Barbie,' the state of toy industry, and more

Persons: Ynon Kreiz, Barbie Organizations: Mattel

☆ Stocks making the biggest moves midday: Tesla, Hilton, Boeing, Mattel and more
▼ + stars: | 2024-04-24 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +4 min

Hilton Worldwide Holdings — The hotel stock climbed 4% on the back of strong first-quarter adjusted earnings and raised full-year guidance. Mattel saw $810 million in revenue during the quarterly period, which was less than the consensus estimate of $832 million. Adjusted earnings per share came in at 61 cents, beating analysts' expectations of 27 cents per share, according to LSEG. Revenue of $757 million was greater than the $739 million analysts anticipated. Sales of Biogen's Alzheimer's drug Leqembi came in at about $19 million for the quarter, surpassing the $11 million analysts had anticipated, per FactSet.

Persons: LSEG, Elon Musk, Tesla, Musk's, Hilton, Mattel, Enphase, Biogen, LSEG ., Leqembi, —, Jesse Pound, Alex Harring, Michelle Fox, Lisa Han Organizations: Boeing, . Old Dominion, Hilton Worldwide Holdings, Texas, Mattel, LSEG, Hasbro, Enphase Energy, Dynamics —, Dynamics, Seagate Technology, Seagate Locations: FactSet, LSEG

☆ Toymaker Hasbro posts quarterly profit beat, slower sales decline
▼ + stars: | 2024-04-24 | by ( ) www.cnbc.com time to read: +1 min

Hasbro reported a smaller-than-expected drop in first-quarter sales and handily beat profit estimates on Wednesday, as leaner inventories and steady digital gaming revenue helped cushion a drag from softer demand for toys. However, efforts to clean up its inventory throughout 2023, along with cost efficiencies, helped its operating margin expand to 15.3%, from 1.8% last year. On an adjusted basis, Hasbro reported earnings per share of 61 cents in the quarter ended March 31, compared to 1 cent last year. The toy maker said it was on track to achieve the fiscal 2024 targets it set in February. On Tuesday, Barbie maker Mattel posted a smaller-than-expected loss for the first quarter, helped by its costs-saving measures.

Persons: Barbie, Mattel Organizations: Hasbro, Walmart, Target, Revenue, Wizards, Coast

☆ Stocks making the biggest moves premarket: Boeing, Tesla, Visa, Airbnb and more
▼ + stars: | 2024-04-24 | by ( Pia Singh | ) www.cnbc.com time to read: +3 min

Airbnb – The vacation property rental platform added nearly 2% following an upgrade by Mizuho to buy from neutral. Visa — Shares of the payment company rose more than 2% after stronger than expected results for the second fiscal quarter. Texas Instruments posted $1.20 per share on $3.66 billion in revenue, beating analysts' projections of $1.07 and $3.61 billion, respectively, per LSEG. Mattel saw $810 million in revenue during the quarterly period, which was less than the consensus estimate of $832 million. Enphase said to expect second-quarter revenue between $290 million and $330 million, under the consensus forecast of $349 million.

Persons: Mizuho, Elon Musk, Tesla, LSEG, —, Enphase, Alex Harring, Samantha Subin, Jesse Pound, Brian Evans, Yun Li, Sarah Min, Michelle Fox Theobald Organizations: Boeing —, Boeing, Mizuho, Summer Olympics, Visa —, Visa, Revenue, Texas, Sea, Capital, Mattel, LSEG, Enphase Energy

☆ Stocks making the biggest moves after the bell: Tesla, Visa, Mattel and more
▼ + stars: | 2024-04-23 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Tesla — The electric vehicle maker climbed 6.9% despite earnings coming in weaker than analysts forecasted for the first quarter. Tesla posted 45 cents in adjusted earnings per share on $21.3 billion in revenue, while analysts surveyed by LSEG anticipated 51 cents and $22.15 billion. Mattel said it gave up 5 cents per share in the first quarter, less than the 12 cents anticipated by analysts polled by LSEG. Mattel saw $810 million in revenue for the three-month period, under Wall Street's consensus estimate of $832 million. The company said to expected second-quarter revenue between $290 million and $330 million, under the consensus forecast of $349 million.

Persons: Tesla, LSEG, Enphase Organizations: Mattel, LSEG, Texas, Visa

☆ Our top priority is driving organic growth, says Mattel CEO Ynon Kreiz
▼ + stars: | 2024-04-23 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

Our top priority is driving organic growth, says Mattel CEO Ynon KreizMattel CEO Ynon Kreiz joins 'Mad Money' host Jim Cramer to talk quarterly results, upcoming entertainment products following the success of the Barbie movie, and more.

Persons: Ynon, Ynon Kreiz, Jim Cramer Organizations: Mattel

☆ 'Mattel is a turnaround story' when it comes to sustainability, says Helen Mbugua-Kahuki
▼ + stars: | 2024-04-22 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'Mattel is a turnaround story' when it comes to sustainability, says Helen Mbugua-KahukiHelen Mbugua-Kahuki, director of research at Calvert Research & Management, joins CNBC's 'The Exchange' to discuss sustainability stock picks, how the toymaker behind Barbie is going greener, and more.

Persons: Helen Mbugua, Barbie Organizations: Mattel, Calvert Research & Management

☆ 6 portfolio stock earnings and the Fed's favorite inflation gauge dominate the week ahead
▼ + stars: | 2024-04-20 | by ( Zev Fima | ) www.cnbc.com time to read: +11 min

The Nasdaq sank 2% on Friday as Netflix dropped nearly 11% post-earnings and Club stock Nvidia fell 10%, entering bear market territory but still up more than 50% in 2024. Following a much stronger-than-expected March retail sales report last month, fresh economic data and six Club stock earnings will take center stage in the week ahead. While lower rates may help stock multiples, that is not a sustainable path to higher equity prices over time. Earnings : The latest quarterly reporting season is starting to ramp into high gear with six Club names set to report next week. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Dow, Jerome Powell, Jim Cramer, Mark, Meta, Bing, Ford, Vimal, Lockheed Martin, Clark, Philip Morris, Sherwin, Williams, Baker Hughes, Lam, Northrop, Dr Pepper, CARR, Edwards Lifesciences, Jim Cramer's, Jim, Michael M Organizations: Nasdaq, Netflix, Nvidia, Dow Jones, Federal, Fed, Hamas, Gross, Google, Reality Labs, General Motors, Honeywell, Microsoft, Verizon Communications, Albertsons Companies, SAP, Cadence Design Systems, United Parcel Service, General Electric, GE, PepsiCo, Lockheed, Spotify Technology, RTX Corporation, JetBlue Airways, Halliburton, HAL, Philip Morris International, Quest Diagnostics, Texas Instruments, Seagate Technology, Mattel, Veralto Corporation, Boeing, General Dynamics, Boston, Hilton, Fisher, Otis Worldwide, IBM, Grill, Viking Therapeutics, Lam Research, Whirlpool, WM, Honeywell International, Royal Caribbean Cruises, American Airlines, Altria, Newmont, Caterpillar, Southwest Airlines, Myers Squibb, AstraZeneca, Mobileye, Northrop Grumman, CNBC, Comcast, Merck, Dow Inc, Carrier Global, Union Pacific, Intel, Western, Mobile, L3Harris Technologies, Exxon Mobil, Chevron, Colgate, Palmolive, HCA Healthcare, Charter Communications, Newell Brands, Jim Cramer's Charitable, Traders, New York Stock Exchange, Santiago, Getty Locations: Israel, Iran, Ukraine, destocking, China, Cleveland, Freeport, McMoRan, Kimberly, Masco, Bristol, New York City

☆ Lego is cashing in big time on its adult fan base, doubling its revenue in the last decade
▼ + stars: | 2024-04-14 | by ( Katie Balevic | ) www.businessinsider.com time to read: +2 min

Lego is cashing in on adult fans buying high-priced Lego sets. The $850 Millennium Falcon set is part of how Lego doubled its revenue in a decade. Lego knows that and is cashing in on its base of adult fans willing to dish out hundreds of dollars on elaborate sets. "Nowadays it's not so geeky," Sian Twynham, another adult Lego builder, told the Journal. AdvertisementWhether it's nostalgia or strategic marketing, toy companies are seeing big returns when they rebrand kids products for adult audiences.

Persons: —, Jonny Edmondson, We've, Julia Goldin, Lego's, Sian Twynham, Greta Gerwig's, toymaker Mattel, execs Organizations: Service, Star, Wall Street, Warner Bros, Hasbro, Associated Press

☆ New Scrabble version aims to make classic word game less ‘intimidating’
▼ + stars: | 2024-04-09 | by ( Jack Guy | ) edition.cnn.com time to read: +2 min

London CNN —Scrabble, one of the world’s best-loved word games, is to get a new “collaborative” and “accessible” version. The double-sided board will also include the Classic version of the game. Courtesy MattelNow, an updated game named Scrabble Together adds “a second side to the board that is collaborative and faster-paced to make gameplay more accessible for anyone who finds word games intimidating,” according to a statement from Mattel published Tuesday. The updated version of the game won’t be available in the United States, however, as Mattel does not hold the license there. While this is the first major change to the look of the Scrabble board, the game regularly adds new words to its official dictionary in order to keep up as the English language evolves.

Persons: ” Ray Adler, ”, who’s, Mattel, millennials, ” Brett Smitheram Organizations: London CNN, Mattel, Global, Games, British, CNN, Scrabble Locations: Europe, United States

☆ Shopify has poached at least two dozen employees from Salesforce as it pushes into enterprise e-commerce
▼ + stars: | 2024-04-04 | by ( Madeline Stone | ) www.businessinsider.com time to read: +9 min

Holly Dresden joined Shopify as head of enterprise merchant success in December after six years with Salesforce Commerce Cloud. Evan AgostiniAs it moves further into enterprise, Shopify hasn't always been subtle about zeroing in on Salesforce as a competitor. It recently launched a webpage comparing its platform with Salesforce Commerce Cloud, encouraging merchants to "join the mass migration" of brands moving from Salesforce to Shopify. But winning over enterprise retailers requires a different approach, and it's one where Salesforce has more years of experience than Shopify. Talking the enterprise talkPoaching employees from Salesforce isn't the only way Shopify has made an effort to win over enterprise customers.

Persons: —, Shopify, Kal Stephen, Holly Dresden, Everlane, Marc Benioff, Evan Agostini, hasn't, Michael Affronti, we've, Affronti, Shopify's, Salesforce, We've, It's, Rick Watson, Watson, Demandware, Oppenheimer, Ken Wong, Wong, Harley Finkelstein Organizations: Service, Salesforce Commerce, Business, Salesforce, Adobe, SAP, Mattel, Commerce, RMW Commerce Consulting, Accenture, IDC, Manhattan Associates Locations: Salesforce, Demandware

☆ I shopped for spring clothes at Gap and Banana Republic, and I'm not sure I'd go back to either retailer
▼ + stars: | 2024-04-04 | by ( Terri Peters | ) www.businessinsider.com time to read: +1 min

I shopped for clothes and jewelry at Gap and Banana Republic, and neither retailer impressed me. Although I can afford to spend more money on clothing, I'd rather splurge on a meal or vacation. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementIt's been nearly a decade since I shopped at Gap or Banana Republic, but the retailers — both owned by parent company Gap Inc. — have been mall staples for as long as I can remember. This story is available exclusively to Business Insider subscribers.

Persons: —, It's, Richard Dickson Organizations: Republic, Service, Gap Inc, Mattel, Business Locations: Republic

☆ The accountant shortage is so bad that it's delaying key reports at companies like Tupperware
▼ + stars: | 2024-04-01 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +4 min

Read previewThe accountant shortage is so bad that companies are delaying filing key mandatory reports. On Friday, Tupperware said it didn't have enough accountants to get its annual report out on time. The storage container manufacturer is the latest on a growing list of companies that have delayed their annual reports for a host of reasons. About 70 companies have postponed annual reports this year, up 40% from last year, research company Intelligize tallied last month. Tupperware added that previous delays in filing its 2022 annual report led to postponement of its quarterly reports, which subsequently pushed back work on its 2023 annual report.

Persons: —, Tupperware, Intelligize, Steven Kachelmeier, Fitness Organizations: Service, Business, LinkedIn, PricewaterhouseCoopers, American Institute of Certified Public Accountants, US Bureau of Labor Statistics, Accountants, University of Texas, Mattel, Securities, Exchanges Locations: Orlando, Poland, American

☆ What to Know About Trump’s High-Flying Stock Debut
▼ + stars: | 2024-03-26 | by ( Vivian Giang | Matthew Goldstein | ) www.nytimes.com time to read: +1 min

On its first day on the Nasdaq stock exchange on Tuesday, Trump Media & Technology Group became such a high-flying stock that trading in its shares, under the ticker DJT, had to be briefly halted because of extreme volatility. The huge public debut for the company is especially important for its biggest shareholder, former President Donald J. Trump, whose 60 percent stake is now worth about $4.6 billion on paper. Wait, Trump Media is worth how much? After Tuesday’s trading, Trump Media had a market value of nearly $8 billion. Trump Media’s valuation is disproportionately high compared with other social media companies.

Persons: Donald J, Trump Organizations: Nasdaq, Trump Media & Technology Group, Trump Media, Mattel, Alaska Airlines, Western, Trump Locations: Western Union

☆ What kind of 'Barbie' are you? Here are the Barbieland jobs that most real-life women hold, according to government data
▼ + stars: | 2024-03-14 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +4 min

In the "Barbie" movie, the narrator says, "Barbie has a great day every day." As women's participation in the labor force has increased over the years, the group continues to face hurdles along the way. "We have the tightest labor market for women in the past 20-something years," Bustamante said. "As the labor market gets tighter and tighter and tighter, women's employment rises faster than men's," Pollak said. "To think of just the scale of construction employment and women are still such a marginal piece of that sector," he said.

Persons: Margot Robbie, Barbie, Julia Pollak, R, Bustamante, Pollak, " Pollak Organizations: Mattel, Warner Bros, U.S . Bureau of Labor Statistics, Roosevelt Institute, Census, National Women's Law, Warner Brothers Pictures Locations: New York, U.S

Search resuls for: "mattel"

25 mentions found